{"id":297292,"date":"2025-09-11T10:32:10","date_gmt":"2025-09-11T14:32:10","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/mol-and-ogd-discover-new-oil-field-in-hungary\/"},"modified":"2025-09-11T13:37:03","modified_gmt":"2025-09-11T17:37:03","slug":"mol-and-ogd-discover-new-oil-field-in-hungary","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/mol-and-ogd-discover-new-oil-field-in-hungary\/","title":{"rendered":"MOL and O&GD discover new oil field in Hungary"},"content":{"rendered":"\n

A recent joint discovery between the MOL Group and the Hungarian company O&GD marks a key step forward for energy energy security<\/a><\/strong> security for Hungary. It is a new oil well, called Galgah\u00e9v\u00edz-4, located in the north of the country, within the concession area called “Mogyor\u00f3d”, which started drilling at the end of May and reached its target depth of 2,400 meters in just 37 days. <\/p>\n\n

The Galgah\u00e9v\u00edz-4 oil well and its operational impact<\/h2>\n\n

Drilling was carried out by Rotary Zrt., a subsidiary of MOL, using the R-69 rig. Following successful testing, daily production was estimated at approximately 1,000 barrels of crude oil<\/strong>, which will be transported to the Danube refinery in Sz\u00e1zhalombatta for processing. The extracted volume is split between O&GD and MOL in a ratio of 51% to 49% respectively. <\/p>\n\n

This finding is of strategic value for the country’s energy supply. Domestic production reduces dependence on imports and provides greater stability in a volatile geopolitical context. <\/p>\n\n

\n

The more pipelines there are in the region, the greater the certainty that there will be no shortage of energy. But the best source is always domestic <\/p>\nMOL Hungary operations director Dr. Gy\u00f6rgy Bacsa said.<\/cite><\/blockquote>\n\n

Continuity of the exploration strategy<\/h2>\n\n

The MOL Group has intensified its exploration activity on Hungarian soil. In recent years it has completed successful drilling in wells such as Vecs\u00e9s-1<\/a>, Vecs\u00e9s-2 and Vecs\u00e9s-3<\/strong>, in addition to recent operations in the Transdanubia region. The company is also driving the “shallow gas” program from 2019, with 25 productive drilling<\/a><\/strong>. <\/p>\n\n

The Galgah\u00e9v\u00edz-4 well will contribute 4% of MOL’s total crude oil production in Hungary, which represents 0.5% of the group’s global hydrocarbon volume. MOL currently operates about 1,300 oil and natural gas wells in the country and concentrates about 39% of its total production on Hungarian territory. <\/p>\n\n

Exploration moving towards transition<\/h2>\n\n

Although the focus remains on hydrocarbons, MOL has also begun to transform its facilities to integrate renewable energies. renewable energies<\/a><\/strong>. At the historic Algy\u0151 field, the company is developing a 37.4 MWp solar farm<\/strong> together with a 40 MWh electrical storage system, which will reduce up to 13,000 tons of CO2 emissions annually. <\/p>\n\n

This new discovery in Galgah\u00e9v\u00edz adds to the efforts to strengthen energy supply from within the country, consolidating Hungary as a regional hub of sustainable and safe production.<\/p>\n\n

Source and photo: MOL Group<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Galgah\u00e9v\u00edz-4 well was drilled in 37 days and contributes 4% of MOL’s crude oil in Hungary.<\/p>\n","protected":false},"author":9014,"featured_media":297219,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-297292","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/297292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=297292"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/297292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/297219"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=297292"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=297292"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=297292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}